SUNNYVALE, Calif., Aug. 30 — With a new CEO at its helm, SGI completed its fiscal year 2007 with the launch of a breakthrough blade system purpose-built for high-performance computing (HPC), while racking up significant customer wins across SGI’s server and storage product lines. The company also released financial results for the Fiscal Year 2007 today (http://www.sgi.com/company_info/investors/).

The company’s fourth quarter, which ended June 29, was SGI’s first fiscal quarter under the leadership of Bo Ewald, who was named CEO in April. Working with SGI’s leadership and global workforce, Ewald has focused on positioning SGI for sustainable long-term growth and innovation through delivery of uniquely competitive, customer-focused solutions.
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(RTTNews) – Thursday, SGI (SGIC | charts | news | PowerRating) reported fourth quarter net loss of $36.93 million or $3.32 per share, compared to a loss of $20.38 million or $0.08 per share in the corresponding quarter last year.

Operating loss for the quarter widened to $24.78 million from $8.25 million in the same quarter previous year.

On a proforma basis, net loss for the quarter was $11.0 million.

Quarterly revenue rose to $122.3 million from $115.7 million in the same quarter previous year.
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Multiple vulnerabilities have been identified in SGI Advanced Linux Environment, which could be exploited by attackers to bypass security restrictions, cause a denial of service or execute arbitrary code. These issues are caused by errors in bind, cups, qt, tetex and xpdf. For additional information, see : FrSIRT/ADV-2007-2627 – FrSIRT/ADV-2007-2704 – FrSIRT/ADV-2007-2733
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Suppliers love user stories involving Formula 1 Grand Prix racing teams, particularly the winners, like Vodafone McLaren Mercedes. However, we need to separate the race track glamour from the IT reality and ask if the storage example, use case in the modern jargon, is relevant. This SGI case study is interesting because it is a different way of managing multi-tiered storage.
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SUNNYVALE, Calif., Aug. 3 /PRNewswire-FirstCall/ — SGI announced today that it plans to release its fourth quarter 2007 and FY2007 financial results after the market closes on Thursday, August 30, 2007. The Company has scheduled a Webcast and conference call to discuss results on Thursday, August 30, 2007 at 2:00 p.m. PDT.
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